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Why professionals in the US don’t feel rich despite $300,000 salaries
Many high-income earners in the US, including those making over $300,000 annually, report not feeling rich due to rising costs, debt, and lifestyle pressures. A growing group known as "HENRYs" – high earners, not rich yet – face limited discretionary income and financial anxiety. Surveys reveal Americans believe they need $520,000 per year to feel wealthy. Even with significant income growth, individuals continue to experience money stress, highlighting broader economic and financial planning challenges.
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